Ifyouonlyknew

SIA sees small correction back to area of strong confluence

Viés de baixa
BINANCE:SCUSDT   Siacoin / TetherUS
After two upward moves in a classic Elliot wave pattern, hopping over a previous resistance level in a strong push, SIA sings her way back down to an area of perfect confluence at previous resistance and the bottom of an ascending triangle. Won't make you a ton of money (it's a small ratio), but it's pretty likely to occur. It's also backed up by stochastics which have matched the last two descents with near perfection. There's also a dip in volume, showing a lack of momentum after the strong drive.

This is a temporary, very small correction. All indicators are that after this correction we will see a second push upward.
Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.